Accelerated Benefit
Accident
Accident Hospital Indemnity Policy (AHIP)
Accidental Death
Accidental Death Insurance
Accrue
Accumulation Phase
ACLI
Act of God
Actuary
Age Basis - Age Change
Agent
Aggregate Limit
Amendment
American Council of Life Insurers - ACLI
American Society of CLU
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Annuity
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Asset
Asset Valuation Reserve
Assignment
Attained Age
Attending Physician's Statement
Authorization
Auto/Pedestrian Coverage
Back Dating
Beneficiary
Benefit Period
Benefits
Blended Product
Cancellable
Cancellation
Capital Gain/Loss
Carrier
Cash Value
Certificate
Change of Beneficiary Provision
Change of Insured
Child Rider
Claim
Clause
Common Carrier
Concealment
Conditional Receipt
Contestable Period
Contingent Beneficiary
Contract
Conversion
Date of Issue
Death Benefit
Decreasing Term Insurance
Deferred Annuity
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Accident Hospital Indemnity Policy (AHIP)
Accident Hospital Indemnity Policy (AHIP) - Pays a dollar amount for each day an Insured person is in the hospital due to an accident. Usually the benefit is paid directly to the insured to help offset costs incurred from hospital stays. It is often used to pay expenses not covered by major medical insurance. It may also provide accidental death coverage and other benefits such as extended care services.
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